BTC TOUCHED $50K TODAY. BULL RUN IS HERE? - page 2.

Lanatsa

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Quote from: Iamcrypticguy on February 12, 2024, 12:22:43 PM

I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?

No one can tell. We should really be that making ourselves do know that bull run isnt something that would be having that 1 path or movement to go or simply shooting up some God green candle.
We can really have that gradual increase in price on which this is something that we cant really be able to tell whether its already bull run or not. Im not really that confident when it comes to this movement honestly.
Trying to find out some reason on whats the actual thing that happened then no one really knows. Trying to check out some news and sentiments but i cant find one actually. This is one of the
reasons on why this market isnt something that could be known or could be easily be predicted.

One things for sure in my mind about bull run thing on which this is usually be happening on the time after that halving period.Just like on what i have said
earlier, no one really knows on what would happen whether bull run could happen on pre-halving period or still the same on post-halving.
So better to secure out your position but honestly im waiting for that one last dump.

BABY SHOES

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Many people say this is a bullrun but I can say YES but this is also called an early recovery since this year but anything can be a correction, I think there is positive news that becomes a bitcoin price rally.

Touching $50K was a record earlier this year but after the halving it will be a little different where the price will continue to be sustainable especially at the end of the year many experts say it will be a bullrun so I believe it is because the bitcoin market phase has entered bullish now.

It will be an interesting speculation after touching $50K on X.com many people say this is a bullrun or as a positive news, I enjoy now bitcoin is rising again.

lombok

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I call Bitcoin's price increase to around $50K a price recovery. I personally would call Bitcoin a bullrun when Bitcoin is able to pass the previous ATH price which was reached in the $69K range. If it has passed this price we have entered the Bitcoin bullrun phase. If not, then this is still a recovery period and there is still doubt about the increase.

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Quote from: Iamcrypticguy on February 12, 2024, 12:22:43 PM

I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?

It is hard to accurately predict when the bull run will begin or if it has even started yet. But, according to some experts, a correction may be on its way as Bitcoin has been rallying for a few days now. It's important to note that every time there is a sudden surge in price, there tends to be a correction, so it's best not to expect a continuous price increase.

aoluain

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^
and we are only 2 months approximately from the halving!

yea, everyone has a slightly different recognition of when the Bull Run starts.

for me closing in on the halving it starts 6 months beforehand and gradually gains
momentum as we approach the halving, so by my Reckoning the OP is about 4 months
late with calling the Bull Run.

Heres another one to throw out there....
When there is a big sell off at ~$49,500 there will be people questioning this Bull Run!

Zlantann

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Quote from: spiker777 on February 12, 2024, 12:57:11 PM

I think yes we can say that the Bull run has pretty much began. It is finally the time we've all been waiting for so long.
some people might disagree with me. but I'd say that's my personal opinion. for me we are in the bull run season now. BTC might take small corrections from here. but will grow back eventually.

Everybody has their perception of the bull run. Some people believe that we have already entered the bull run while many people believe that it is a few months after the halving. This is indeed a good time for many Bitcoiners who have kept their coins regardless of the FUD that happened throughout these periods. It feels good to check on the price and see that it has kept appreciating.

Quote from: Hyphen(-) on February 12, 2024, 01:06:37 PM

Quote from: Iamcrypticguy on February 12, 2024, 12:22:43 PM

I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?

You need to investigate the reason behind the pump of Bitcoin price before you can finalize if it is the begin of bull run or not.

I suspect that the price is been pushed up by the demand for Bitcoin mainly from ETF managers. The price is pumping even when Federal Reserve Chairman Jerome Powell has indicated that the US central bank might increase interest rates to curb inflation. Bitcoin is just unpredictable because sometimes it is not affected by negative economic conditions.

Ale88

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Quote from: Iamcrypticguy on February 12, 2024, 12:22:43 PM

I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?

We are entering a very interesting situation because right now many people withdrew their bitcoins from the exchanges, many bitcoins kept in wallets didn't move for several months, and the big funds behind the ETFs are buying way more BTC compared to the number that every day is being mined, so there is too much demand and not enough offer. I simply hope that we take a little break because I feel like we're running too much right now.

HideYourKeys

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I think the bull run will start a few months after the halving

Hyphen(-)

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Quote from: Iamcrypticguy on February 12, 2024, 12:22:43 PM

I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?

You need to investigate the reason behind the pump of Bitcoin price before you can finalize if it is the begin of bull run or not.

Although the Bitcoin halving is near, and we should expect a pump in Bitcoin so that the price will go close to its all time high before halving, this can be a sign for it because we have limited time and Bitcoin should have started going up even though the market direction is not predictable.

The advice we always give to hold on to Bitcoin is very important, Bitcoin is now pumping while altcoins are not; therefore invest in Bitcoin and be safe.

Iamcrypticguy

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Quote from: spiker777 on February 12, 2024, 12:57:11 PM

Quote from: Iamcrypticguy on February 12, 2024, 12:22:43 PM

I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?

I think yes we can say that the Bull run has pretty much began. It is finally the time we've all been waiting for so long.
some people might disagree with me. but I'd say that's my personal opinion. for me we are in the bull run season now. BTC might take small corrections from here. but will grow back eventually.

Quote from: thecodebear on February 12, 2024, 12:34:39 PM

Depends on what you mean by the bull run.

Some people view the bull run as having started after the bear market ends. Bottom of the bear market ended in March of last year.

Some people view the bull run as when the price starts going up a bunch, which could be several different times, could be starting last January, could be starting last October, could be starting now, could be starting later this year.

Some people view the bull run as starting once the ATH is reached because it means new ATHs and it is around that point when Bitcoin goes into explosive growth for a year, in which case it won't start until probably late Summer or Fall of this year.

Talking about "the bull run" is meaningless because you can define its length and start point in lots of different ways.
Bitcoin is heading up to its next peak in 2025. That's all we need to know.

If you just want to know if Bitcoin will keep going up. The answer is yes, it will keep going up until it reaches the current market cycle peak, likely at some point during second half of 2025.

I am from second type of people. I think bull run is when market start to show constantly green signals and price start increasing, these are the sign of bull run.
I think 3rd type of people are very low here. most of the people would agree with first and second.

True. That's why I asked the question if the bull run has started.

spiker777

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Quote from: Iamcrypticguy on February 12, 2024, 12:22:43 PM

I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?

I think yes we can say that the Bull run has pretty much began. It is finally the time we've all been waiting for so long.
some people might disagree with me. but I'd say that's my personal opinion. for me we are in the bull run season now. BTC might take small corrections from here. but will grow back eventually.

Quote from: thecodebear on February 12, 2024, 12:34:39 PM

Depends on what you mean by the bull run.

Some people view the bull run as having started after the bear market ends. Bottom of the bear market ended in March of last year.

Some people view the bull run as when the price starts going up a bunch, which could be several different times, could be starting last January, could be starting last October, could be starting now, could be starting later this year.

Some people view the bull run as starting once the ATH is reached because it means new ATHs and it is around that point when Bitcoin goes into explosive growth for a year, in which case it won't start until probably late Summer or Fall of this year.

Talking about "the bull run" is meaningless because you can define its length and start point in lots of different ways.
Bitcoin is heading up to its next peak in 2025. That's all we need to know.

If you just want to know if Bitcoin will keep going up. The answer is yes, it will keep going up until it reaches the current market cycle peak, likely at some point during second half of 2025.

I am from second type of people. I think bull run is when market start to show constantly green signals and price start increasing, these are the sign of bull run.
I think 3rd type of people are very low here. most of the people would agree with first and second.

BitMaxz

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Block halving is coming.

What do you mean bull run is close? I think you mean that this is the end of the bull market after the price touched $50k we see a new high price this year but this is not yet the new ATH and it is not the end of the bull market because block halving is not done yet.

You are too excited for bear market be calm this is not the end of bull market we see price jump but that doesn't mean sooner or later bear market comes.

thecodebear

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Depends on what you mean by the bull run.

Some people view the bull run as having started after the bear market ends. Bottom of the bear market ended in March of last year.

Some people view the bull run as when the price starts going up a bunch, which could be several different times, could be starting last January, could be starting last October, could be starting now, could be starting later this year.

Some people view the bull run as starting once the ATH is reached because it means new ATHs and it is around that point when Bitcoin goes into explosive growth for a year, in which case it won't start until probably late Summer or Fall of this year.

Talking about "the bull run" is meaningless because you can define its length and start point in lots of different ways.
Bitcoin is heading up to its next peak in 2025. That's all we need to know.

If you just want to know if Bitcoin will keep going up. The answer is yes, it will keep going up until it reaches the current market cycle peak, likely at some point during second half of 2025.

Iamcrypticguy

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I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?

Topic: BTC TOUCHED $50K TODAY. BULL RUN IS HERE? - page 2. (Read 229 times)